Housing

Housing loan repayments

About this topic

Housing loan repayments show the monthly mortgage repayment amounts reported by households with a mortgage. They provide a snapshot of housing costs for owner-purchasing households.

This topic can help indicate repayment pressure and possible housing stress when read with household income, but raw repayment amounts are not directly comparable over time because of inflation, interest rate movements, and changing loan conditions. The 2021 data also predates the interest rate rises that began in May 2022, so it should be interpreted with care.

Interpretation notes

  • This topic applies only to households with a mortgage and records monthly repayments for the dwelling in which they were counted on Census night.
  • Raw repayment amounts are not directly comparable over time because inflation, interest rates, and loan conditions change.
  • The 2021 Census pre-dates the Reserve Bank rate rises that began in May 2022, so current repayment pressure may be higher than the Census snapshot suggests.

Key insight

In 2021, $2,000 - $2,199 was the most common mortgage repayment band among households with a mortgage in Greater Dandenong (C), accounting for 10.8% (1,744 households). This share was lower than Greater Melbourne (11.1%).

Section overview

Monthly housing loan repayments

Greater Dandenong (C) - Households (Enumerated)

This table summarises housing loan repayments for Greater Dandenong (C) in 2021 for persons, with comparison against Greater Melbourne.

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Greater Dandenong (C), with comparison markers for Greater Melbourne.

Greater Dandenong (C)
Greater Melbourne

$299 or less

2021 count

994

% of total

6.1%

$300 - $599

2021 count

593

% of total

3.7%

$600 - $999

2021 count

1,228

% of total

7.6%

$1,000 - $1,199

2021 count

1,027

% of total

6.3%

$1,200 - $1,399

2021 count

1,120

% of total

6.9%

$1,400 - $1,599

2021 count

1,246

% of total

7.7%

$1,600-$1,799

2021 count

1,304

% of total

8.1%

$1,800 - $1,999

2021 count

1,009

% of total

6.2%

$2,000 - $2,199

2021 count

1,744

% of total

10.8%

$2,200 - $2,399

2021 count

840

% of total

5.2%

$2,400-$2,599

2021 count

791

% of total

4.9%

$2,600-$2,999

2021 count

962

% of total

5.9%

$3,000-$3,999

2021 count

1,355

% of total

8.4%

$4,000-$4,999

2021 count

445

% of total

2.7%

$5000 and over

2021 count

314

% of total

1.9%

Not stated

2021 count

1,223

% of total

7.6%

Data table

Housing loan repayments for Greater Dandenong (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.

Housing loan repayments for Greater Dandenong (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.
Housing loan repayments for Greater Dandenong (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.
Category2021 count2021 %Greater Melbourne %
$299 or less9946.1%4.8%
$300 - $5995933.7%2.8%
$600 - $9991,2287.6%5.4%
$1,000 - $1,1991,0276.3%4.6%
$1,200 - $1,3991,1206.9%5.9%
$1,400 - $1,5991,2467.7%6.8%
$1,600-$1,7991,3048.1%7.9%
$1,800 - $1,9991,0096.2%6.7%
$2,000 - $2,1991,74410.8%11.1%
$2,200 - $2,3998405.2%5.3%
$2,400-$2,5997914.9%4.7%
$2,600-$2,9999625.9%7.0%
$3,000-$3,9991,3558.4%10.7%
$4,000-$4,9994452.7%4.6%
$5000 and over3141.9%5.0%
Not stated1,2237.6%6.6%
Total16,195100.0%100.0%